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  5. Citrix Acquires Podio ApS

M&A Deal Summary

Citrix Acquires Podio ApS

On April 11, 2012, Citrix acquired internet software and services company Podio ApS

Acquisition Highlights
  • This is Citrix’s 5th transaction in the Internet Software and Services sector.
  • This is Citrix’s 1st transaction in Denmark.

M&A Deal Summary
Date 2012-04-11
Target Podio ApS
Sector Internet Software and Services
Buyer(s) Citrix
Deal Type Add-on Acquisition

Target

Podio ApS

Copenhagen, Denmark
Podio ApS is an online work platform with a new take on how everyday work gets done. Podio gives people more power than ever before to manage their work in their own way and is trusted by thousands of teams, companies and organizations worldwide. Podio users create workspaces to collaborate with specific groups of people, use an Employee Network for company-wide communication across departments and locations, and get their work done using Podio Apps.

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Buyer(S) 1

Buyer

Citrix

Fort Lauderdale, Florida, United States
Category Company
Founded 1989
Sector Software
Revenue 3.2B USD (2020)
DESCRIPTION
Citrix System's corporate headquarters in Fort Lauderdale, Florida.
Citrix System's corporate headquarters in Fort Lauderdale, Florida.

Citrix develops and sells products and services that enable the secure and reliable delivery of applications and data over public, private, or hybrid clouds or networks, to virtually any type of device. The Company markets and licenses its products directly to customers, over the Web, and through systems integrators, or SIs, in addition, to indirectly through value-added resellers, or VARs, value-added distributors, or VADs, original equipment manufacturers, or OEMs and service providers. Citrix was established in 1989 and is based in Ft. Lauderdale, Florida.

DEAL STATS #
Overall 20 of 42
Sector: Internet Software and Services M&A 5 of 12
Type: Add-on Acquisition M&A Deals 20 of 40
Country: Denmark M&A 1 of 1
Year: 2012 M&A 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-26 App-DNA Group

London, United Kingdom

App-DNA Group Ltd. is a software company. It develops and provides application migration, compatibility management, and remediation solutions.

Buy $92M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-09 Virtual Computer

Westford, Massachusetts, United States

Virtual Computer, Inc., a provider of enterprise-scale management solutions for client-side virtualization. An enterprise-scale management solutions for client-side virtualization.

Buy -
Mergr

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